EW Tax Team in Taxation Magazine

July 21, 2016

The Elman Wall Tax team have responded to a case study, in Taxation Magazine, on split-year treatment and whether this applies upon return to the UK having worked in a different country.

What is ‘split-year treatment’?
This is when someone moves in or out of the UK, because the tax year is usually split into 2 – a non-resident part and a resident part, they only pay UK tax on foreign income based on the time they were living here.